Niva Bupa VS Care Health Insurance: A Comprehensive Comparison

In 2024, the risk of health issues, as well as the cost of medical treatments, both sore high! Therefore, it’s essential to have health insurance to face the unfortunate or emergency situations that may arise due to our poor health.

If you are also considering getting health insurance and are confused about which insurer to choose, this blog will give you an understanding whether buying a health insurance plan from Niva Bupa or Care Health Insurance is for you.

Here, we will compare two of the biggest health insurance companies in India – Niva Bupa and Care Health. We’ll be analysing everything from the plans they offer to their CSR and network hospitals.

Importance of Comparing Health Insurance Providers

Buying a health insurance plan is something that you generally don’t do twice. Therefore, it is essential to do proper research before investing in a health insurance policy. 

A proper comparison between different health providers ensures that you find the right plan that meets your healthcare as well as financial needs. 

As each health insurance provider offers different coverage, premiums, deductibles, and networks of doctors and hospitals, it becomes vital to compare them all and select the best one. Moreover, it also helps in finding an insurer that has a good reputation with fast processing and claim settlement. 

All in all, comparing health insurance providers ensures that you invest your money in the right plan! 

Overview of Niva Bupa and Care Health Insurance

Niva Bupa Health Insurance, formerly known as Max Bupa, is one of India’s leading health insurance provider companies. NIva Bupa is a joint venture of two of the biggest names in private equity funds –  Bupa Group and Fettle Tone LLP. 

Niva Bupa has been facilitating people with health insurance benefits for the last 70 years, serving around 50 million customers in 190 countries. What makes Niva Bupa a popular healthcare insurer name in India is its comprehensive range of coverage options, 

Care Health Insurance is another top-ranked health insurance provider in India with a comprehensive product range such as individual health coverage, top-up plans, critical illness coverage, maternity insurance, and international travel insurance. 

FYI, Care Health Insurance has been named the Claims Service Leader for the Year & Best Health Insurance Company in the Rural Sector at the India Insurance Summit & Awards 2024.

Both these companies are prominent in the Indian health insurance sector and have a wide range of plans and benefits for individuals, families, etc. 

Best Plans from Niva Bupa Health Insurance and Care Health Insurance

Niva Bupa VS Care Health Insurance: Coverages

Now, this can be a difficult comparison! Both Niva Bupa and Care Health Insurance are popular in the Indian health insurance market for providing comprehensive policy coverage. However, there are some key differences that you should know —

Niva Bupa is known for offering customisable policy plans with added benefits. These add-on benefits include but are not limited to loyalty bonuses, booster benefits, and reassurance benefits. Moreover, Niva Bupa's health insurance policies have a major focus on modern treatment and technology coverage. 

Care Health Insurance, on the other hand, is quite known for providing specialised health insurance plans. Their specialised plans, such as Care Freedom for those with pre-existing conditions and Care Senior for senior citizens, are two of the many incredible plans they offer. 

Providing add-on covers, Care Health policies are designed to provide affordability and simplicity. 

In terms of core coverages, both providers generally offer:

• In-patient hospitalisation  
• Pre and post-hospitalisation expenses  
• Daycare procedures  
• Emergency ambulance services  
• Organ donor expenses  
• Cashless claims at network hospitals  

There may be some specific features and benefits related to certain plans. Well, that’s exactly why we mentioned earlier: it’s vital to compare the specific terms and conditions before choosing the right health insurance plan. 

Niva Bupa vs Care Health Insurance: Policy Features and Benefits

Niva Bupa vs Care Health Insurance: Network Hospitals

Let us now look up on one of the major aspects of selecting a health insurance policy – network hospitals. A good range of network hospitals ensures that you get top services wherever needed.

Niva Bupa has a network hospital range of more than 10,000 hospitals and healthcare providers. Thus making sure their policyholders get the finest medical services all over India.

Coming to Care Health Insurance has a network hospital access of over 9,400 hospitals across India. This enables their customers to have cashless treatments with ease.

Niva Bupa vs Care Health Insurance: Claim Settlement Ratio

Claim settlement ratio is a key selling point of any insurance provider. It is the indicator of an insurer's reliability, reflecting their commitment to settling all filed claims.

Interestingly, in 2024, both Niva Bupa and Care Health Insurance are toe to toe with an impressive claim settlement ratio of 100%. This, consequently, shows how reliable both these health insurance providers are! 

Niva Bupa vs Care Health Insurance: Exclusions and Waiting Periods

As we compare Niva Bupa and Care Health Insurance, it would be really wrong not to consider the exclusions and waiting periods of both insurers. Remember, these factors significantly affect your policy coverage. 

Exclusions: Exclusions refer to the specific conditions or benefits that are not covered in the policy. For example, treatment for some pre-existing diseases, self-inflicted injuries, or cosmetic procedures are not covered under medical benefits. Although both Niva Bupa and Care Health Insurance have similar exclusions, there may be some specific exclusions depending on the plan you choose.

Waiting Periods: In the case of pre-existing conditions, both Niva Bupa and Care Health insurance have a waiting period of generally 2 to 4 years. To know the specific waiting period, it is essential to check the policy details carefully. 

Wrapping Up

We hope you liked our comparison of the two leading health insurance providers in India, Niva Bupa and Care Health Insurance.

This blog will help you understand the key features of both these insurers and lead you to select the best health insurance plan for you and your family.

However, do not forget to consult a professional health insurance provider before you make any firm decision.

Frequently Asked Questions

Ques .1 What are the types of health insurance plans offered by Niva Bupa?

Ans. Here are the different types of plans offered by Niva Bupa: 

ReAssure Plan, Individual Health Plan, Senior Citizen Insurance, Health Companion, Health Premia, Health Pulse, Accidental Health Plan, Group Health Plans

Ques 2. What is the Claim Settlement Ratio of Care Health Insurance? 

Ans. In the year 2024, Care Health Insurance has an impeccable CSR of 100%.

Ques 3. How many network hospitals does Niva Bupa and Care Health Insurance have?

Ans. Niva Bupa and Care Health Insurance have a network hospital range of 10,000+ and 9,400, respectively. 

Ques 4. Does Care Health Insurance have specialised plans for senior citizens? 

Ans. Yes, Care Health Insurance has a specialised health plan for senior citizens – Care Senior Health Insurance.

Ques 5. What are the common coverages of Bupa Niva and Care Health Insurance plans? 

Ans. Both Bupa Niva and Care Health Insurance generally offer: In-patient hospitalisation, Pre and post-hospitalisation expenses, Daycare procedures , Emergency ambulance services, Organ donor expenses, Cashless claims at network hospitals